Objective – The objective of this paper is to analyze the profit distribution method applied inIslamic banks in Indonesia and to propose better method in order to improve sharia riskcompliance. Methods – Employing a descriptive quantitative method and literature review. This paper evaluateweaknesses of the current profit distribution method and proposes daily revenue index to solve theproblems arising from using current method which is unfairness between bank and customers. Results – By the two current profit distribution methods which use monthly revenue indexcalculated only at the end of the month, there are potential injustices occur. Therefore, insteadof using monthly index, daily index is proposed. There are two steps in calculating profit distributionby using daily revenue index: (1) Accumulating Source of Fund (SoF), Reserve Requirement (RR), and Source of Fund after Reserve Requirement (SoFaRR), and (2) Determining AverageFinancing (AF), Revenue Index (RI), Cost Index (CI), Revenue Sharing Index (RSI), and Profit Sharing Index (PSI). Conclusion - Daily revenue index will solve the unfairness problems arise fromcurrent profit distribution method applied in Islamic banks. Daily revenue index is also applicable if Islamicbanks apply profit and loss sharing instead of revenue sharing.